Risk Management Director
Salary

Average pay for a Risk Management Director in the United States is considerable, rounding six figures at $105K per year. Cash earnings for Risk Management Directors — which occasionally include more than $38K from bonuses and more than $20K from profit sharing — stretch from around $69K to approximately $172K. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Risk Management Directors. Medical benefits are awarded to almost all, and nearly all earn dental coverage. Men working as Risk Management Directors who took the survey just slightly outnumber women at 51 percent. This overview is based on answers to PayScale's salary questionnaire.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

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This chart shows the most popular skills for this job and what effect each skill has on pay.

Risk Management Directors who responded to the survey indicated only a few skills that they use on the job. Insurance and Risk Management / Risk Control are considered valuable skills and can increase employee pay. Competency in Insurance frequently indicates knowledge of Risk Management / Risk Control.

Pay by Experience Level for Risk Management Director

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Risk Management Directors with a lot of experience do not necessarily enjoy more money. Workers in their first five years can expect to earn $83K, but people who have been around for five to 10 years earn a noticeably bigger sum of $104K. Risk Management Directors see a median salary of $121K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $125K.